NewMalayalam Steel Management
Management criteria checks 1/4
NewMalayalam Steel's CEO is Vazhappily Varghese, appointed in Mar 2022, has a tenure of 2.83 years. total yearly compensation is ₹5.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 36.39% of the company’s shares, worth ₹453.29M. The average tenure of the management team and the board of directors is 0.9 years and 2.8 years respectively.
Key information
Vazhappily Varghese
Chief executive officer
₹5.4m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.8yrs |
| CEO ownership | 36.4% |
| Management average tenure | less than a year |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | ₹5m | ₹5m | ₹43m |
| Mar 31 2023 | ₹6m | ₹6m | ₹60m |
| Mar 31 2022 | ₹6m | ₹6m | ₹67m |
Compensation vs Market: Vazhappily's total compensation ($USD62.92K) is above average for companies of similar size in the Indian market ($USD41.98K).
Compensation vs Earnings: Vazhappily's compensation has been consistent with company performance over the past year.
CEO
Vazhappily Varghese (66 yo)
2.8yrs
Tenure
₹5,400,000
Compensation
Mr. Vazhappily Davis Varghese serves as a Managing Director and Director at Newmalayalam Steel Private Limited since March 31, 2022. In the past, he was associated with Molikem Alloys, Panthallookaran Gran...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 7.4yrs | ₹5.40m | 3.08% ₹ 38.4m | |
| MD & Director | 2.8yrs | ₹5.40m | 36.39% ₹ 453.3m | |
| Whole-Time Director | no data | ₹6.06m | 0.058% ₹ 720.4k | |
| Executive Director | no data | ₹5.40m | 33.43% ₹ 416.4m | |
| Whole-Time Director | less than a year | ₹2.15m | 0.058% ₹ 720.4k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance officer | no data | no data | no data | |
| Sales Manager | no data | no data | no data | |
| Factory Manager | no data | no data | no data |
0.9yrs
Average Tenure
57yo
Average Age
Experienced Management: NMSTEEL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 7.4yrs | ₹5.40m | 3.08% ₹ 38.4m | |
| MD & Director | 2.8yrs | ₹5.40m | 36.39% ₹ 453.3m | |
| Whole-Time Director | 6.2yrs | ₹6.06m | 0.058% ₹ 720.4k | |
| Executive Director | 7.4yrs | ₹5.40m | 33.43% ₹ 416.4m | |
| Whole-Time Director | 1.1yrs | ₹2.15m | 0.058% ₹ 720.4k | |
| Non-Executive Director | 6.2yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Board: NMSTEEL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 16:07 |
| End of Day Share Price | 2025/01/06 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
NewMalayalam Steel Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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